🚀 [MSN] 7-Figure Exit with YOUR Newsletter

Make six figures with just 10 hours a week.

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Online Wealth, Simplified

Welcome to another issue of Millionaire Syrup!

In case if you missed Making Money with Drones please read it here

Today:

💰 Make six figures with just one newsletter.

📈 Newsletter Trends and Types of Writers

💡 3 Easiest Ways to Monetize Your Newsletter

📣 How to Get Subscribers

Actionable steps in every issue to transform and enhance your lifestyle.

Before we dive into the content, please tell us more about your interests. We want to tailor our content to you.

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Turn out the lights on traditional savings accounts. With our high-yield cash account, your money is earning 11x the national average**.

*The national average savings account interest rate is reported by the FDIC (as of 3/18/24) as the average annual percentage yield (APY) for savings accounts with deposits under $100,000.

💰 Make six figures with just one newsletter.

Newsletter Trends and Types of Writers

There’s a significant trend happening with newsletters.

Types of Writers:

  • GPT Only: Just growing subscribers without providing value.

  • Niche Experts: Authors who focus on a specific niche, providing expertise-based information.

  • Course/Product Sellers: Using newsletters to sell courses or products.

  • Affiliate Programs: Sharing useful content with affiliate links inside (you can make A LOT of money out of it).

In the last category, you don’t need expertise in a specific niche, but you must identify niches that can be highly profitable by referring your readers to relevant programs, products, or tools.

Some Hot Topics to Write About:

  • Outdoor: From camping to rock climbing.

  • Travel: Include referral links to credit cards, experience sites, physical products, etc.

  • Fun and Sun: Promote all the bestsellers available.

  • Pets: Choose any—dogs, parrots, cats, horses, farm animals (a big one).

Don’t write about something you have no idea about. Pick something you are familiar with.

Learn the course from Beehiive; it’s free during a 30-day trial, giving you time to build your newsletter.

3 Easiest Ways to Monetize Your Newsletter

  1. Invite Promoters: Once you reach at least 2,000 active readers (not just subscribers, but people who consistently open and read your emails), you can start inviting promoters using platforms like Paved, Sparkloop, and PassionFruit.

  2. Use Upscribe via Sparkloop: You should always use Upscribe via Sparkloop (see the 30 days earnings below). The moment you get a new subscriber, you can immediately subscribe this person to other newsletters and get paid for it. If your ad costs you $2 per subscriber, you can make $6 on top of it. This way, you offset your expenses and generate additional revenue.

  3. Advertise Others: Include a link in your email with an offer to advertise for others. Vendors and service providers will subscribe to your email. If you are posting about things they are selling and offering to the market, they will happily reach out to you and pay for placement.

    Depending on the niche, one placement can range between $300 and $3,000. Do the math and see the potential earnings

Here is a screenshot of our current payout for this newsletter from Upscribe.

📈 How to Get Subscribers

Create Amazing Content: If your content is exceptionally good, include a link in your newsletter for others to share. Check an example in a BDSN newsletter I recommend below. Motivate people to share your newsletter by offering bonuses. For example, for every 5 sign-ups, they get a free coffee, e-book, or ticket to an event. Use tiered rewards to encourage sharing.

Use BOOSTS in Beehiive or Upscribe: Leverage platforms like Beehiive's BOOSTS or Upscribe, where you can attract new subscribers effectively.

FB Ads: Utilize Facebook ads to reach a broader audience and gain more subscribers.

Reddit Channels: Participate in relevant Reddit channels to promote your newsletter and attract subscribers.

🏁 Exit Plan

If you are doing a great job with a newsletter, you may create an exit plan.

For a 7-figure exit, you need:

  • 40-50% consistent open rate

  • $20K-$30K in revenue per month, using all the income streams above

  • Consistent subscriber growth and a clean list

You will not be able to exit your newsletter successfully if you focus only on subscribers and content. Treat it as a business model.

What Are Your Thoughts About This Business Model?

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Ready to turn your hustle into a muscle? We're here to make your journey to success as sweet as syrup—because making money should be fun too! 💰😄

Millionaire Syrup Team